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the environmental movement dropped u.s. population stabilization as one of its goals. [ ♪music ] >> bonnie: hello, i'm bonnie erbÉ. welcome to "to the contrary," a discussion of news and social trends from diverse perspectives. in the 1970s, u.s. population and the environment were widely and publicly linked in popular culture and by the environmental movement. but today the environmental movement eschews the population issue. in the first of a three-part series, we look at why and how this happened. organizers of the first earth day in 1970 called u.s. population stabilization critical to restoring the environment. the nationwide celebration produced a particular groundswell that spurred congress and the nixon, ford and carter administrations to enact a host of sweeping environmental laws including president nixon's national environmental policy act, often referred to as the nation's environmental magna carta. >> i mean, they really did a phenomenal job of studying it. it was a very scholarly approach. they had economists, environmentalists, everybody else, trying to look at the whole effect of
to the show. let's start off with iraq. the security situation there was assumed to be improving and so u.s. forces could do an aggressive pullout and some suggested that schedule to be accelerated to be out of iraq by 2011. security situation there is a little bit rougher. brian, any chance that u.s. forces will stay there beyond 2011? >> i think there are clear signs in the last couple of weeks there are ethnic tensions, very strong ones still simmering just beneath the surface and growing concern that could come out into the open. certainly there are extremists that are trying to stoke those fires again. and certainly the u.s. military expresses concern that this could get out of hand. on the other hand they are encouraged that so far things have been relatively stable. that the shiah population have been reserved in not responding to these more recent attacks. but having said that, with the elections coming up in january for the parliament in iraq, there is very little chance i think there will be some movement further movement on the political reconciliation that needs to happen becaus
airborne to look at an extraordinary effort by the u.s. military to save lives in the middle of the war, welcome aboard an air ambulance. >>> and germany wants a million electric vehicles on the road by 2020. we'll plug you in on how they plan to do it. >>> from the world's leading reporters and analysts, here's what's happening from around the world. this is "worldfocus." made possible, in part, by the following funders -- major support has also been provided by the peter g. peterson foundation dedicated to promoting fiscal responsibility and addressing key economic challenges facing america's future. >> good evening, i'm martin savidge. >>> if you woke up this morning and turned on the news you might have felt a sense of discouragement about what you were hearing out of afghanistan and iraq. more than 5,000 american troops have died in those two countries since troops were deployed to afghanistan in the fall of 2001 and iraq in the spring of 2003. and hundreds of billions of dollars have been spent but all these years later neither country tonight seems especially secure. we'll take y
there looking?g? >> not too well, rebecca. as you know, asia is not getting a chance to react to the u.s. confidence data coming out on friday. a sell-off in the region. the kospi down 2.8%. the economy did nothing to lift the shang hang market. the hang seng down 3.6% and the sensex 2.3%. in terms of nymymenymex, down a. brent should be lower as well following it. brent is trading around the ranges of $70.95 a barrel. bertha, please give us some good news. >> christine, we seem to be taking our tone from you. the market looks to extend losses. futures well below fair value. we'll get another read on consumers. earnings from lowe's and data later from housing from the national association of realtors. those are likely to weigh on the markets. we've got dow futures 120 points or so below fair value. nasdaq futures well below. s&p futures as well. taking a look at the bond market, we are seeing a move to safe havens, the yields lower. the guild in london, a record low yield. the ten-year bund at 3.3%. the ten-year note here. we are going to hear from ben bernanke at the end of the week. th
in the u.s. the retail sector is in focus today as walmart posts second quarter results. >>> hello and welcome to cnbc's "worldwide exchange." so global equities trying to be firmer. the ftse cnbc 300 is up 21 points. we managed to get a positive close in wall street. european stock markets had a bit of a boost here this morning with the growth numbers out of france and germany. we're going to get the eu whole number coming out in a while. the ftse 100 up 0.8% as well as the xetra dax. cac 40 up 0.7% and smi up 0.5%. what happened this morning, the growth dmeft irk numbers up 0.3% in germany. it's down on a comparative basis, 7.1% less than where we were standing for growth a year ago. but quarter on quarter, it was positive. that helped the euro extend some gains against the dollar this morning. euro/dollar up to 1.4245. dollar is firmer against the yen and sterling rebounded, as well against the greenback. >> those upbeat comments from the fed gave markets here enough region to cheer. markets gaining higher in asia, for instance, the nikkei 225 up 0.8%. the kospi marginally lower
. it will be about the job numbers we get out of the u.s. later this week. >>> nymex light sweet crude processed $70 per barrel. gaining ground by more than $70.54. brent up by nearly a dollar as well. let's head over to the u.s. with bertha coombs. how are you futures looking? >> happy monday to you. a huge week for data here in the u.s. we still have the earnings parade going on. three dow components reporting. proctor and gamble, chevron reported last week. kraft and cisco. dow futures up five points ahead of fair value. we had the dow up four out of the last five months. the nasdaq and the s&p both on a five-month winning streak with terrific performances in july. taking a look at bonds now. the bund yield in germany edging up at 3.32% despite the better than expected news in the euro zone.. we did see german retail sales fall unexpectedly for the last month. the ten-year note, the big number this week of course is going to be the june employment number. surprise there in terms of higher unemployment will certainly cast a bit of cold water on the recovery outlook that people have. better than ex
to look a an extraordinary effort by the u.s. military to save lives in t middle of the war, welcome aboard anir amlance. >>> d germanyants a million ectric vehiclesn the road by 2020. we'll plug you in on how they plan to do it. >>> fromhe world's leading reporters and analyst here's what's happeni from around the rld. this is "worfocus." made possible, in pa, by th following funder-- major support ha also been provided bthe peter g. peterson foundatio dedicated to promoting fiscal responsibity dddressing key economic allenges facing america's future. >> gd evening, i'm martin savidge. >>> if youoke up this mning and turnedn the news you might have felt a sense of discouragement aut what you were hring outf afghanistan and iraq. more tha5,000 american trps have die in those two countries nce troops were ployed to afghanistan in the fall of 2001 and iraq in e spring of 2003. and huneds of billions of dollars have been ent but all the years later neher country tonighseems especially secu. we'll take youo afanistan in a moment. there was more vience there day on t eve ofational elecons
-ed opinion piece in the "new york times" saying that the u.s. continues to need that stimulus, do everything that's important right now, but they have to keep an eye on the future, he says. estimate ewe husband and the net debt of the country is growing at 1 percentage point per month and that's something to worry about long-term. we'll talk more about that in a moment. taking a look at bond, the 10-year bund at this point trading down right now. the yield is lower at 3.27% ahead of the boe minutes which which are due out in the next hour. and also we've got the ten-year note here down to 3.45% having rallied at this point yesterday. taking a look at gold with a bit of dollar strength this morning, we are seeing a bit of gold weakness just a skosh, off 0.4% down about $3.85. joining us now is ivan mamale and simon grose-hodge in lichtenstein. simon, i want to start with you. in your notes, you say essentially the data that everyone has been pinning their recovery hopes on is starting to plateau. i'm wondering if you see the markets kind of in that same sort of stall pattern heading here into
. no brent, we don't have brent, but it should be pulling, as well. mike, over to you in the u.s. how are you today? >> thanks, christine. doing well, thank you. hope you are too. and we're about 5 1/2 hours away from the opening bell here in the united states. and we do have the futures pointing toward a lower open across the board. basically investors doing a read through from what's going on in asia and china and barring a major meltdown in the stock market today. nonetheless, this could be the best stock rally, the best six-month rally, that is, since 1933. moving over to the treasury markets, even though we did see that slight selloff in the stock market on friday, we did see the price go up and the yield come down. that's continuing today at 2.3%, but maybe a pronounced selloff if we move on to the ten-year tee note. right now we have the yield pulling in again just a little bit at 3.4%. as far as gold is concerned, it did go up 1% in friday's trading, and it might be oil price related, christine was just talking about and also inflation fear-related, but we did see the price holding st
of losses as investors wait for the new uk growth data. >> and in the u.s., a top fed official says the central bank will likely exit its current monetary stance next year, but a rate hike is still a ways off. >> hello and welcome to cnbc's "worldwide exchange." we'll kick off with the global equity session right now. the ftse cnbc global 300 is 22 points higher. we had the european markets yesterday down some 21 points or so, but we've reversed that an hour into trade right now. this is where we currently trade. the ftse 100 up nearly 0.5%. the dax up 0.835%. cac up 0.8%, as well. the dollar is trying to make gains today, as well. dollar edging back to 94 against the yen. euro/dollar, 1.4331. sterling/dollar, 1.6282 after getting below 1.62 and euro/sterling on that 0.88 mark. christine, good to see you. >> hey, ross, good to see you. happy friday. here in asia, increased confidence from the global economy helped to pull stocks higher, but not the picture we're seeing in shanghai right now. this particular market ending lower 279%. that dragged down the hang seng, as well, down 0.7
institute --www.ncicap.org-- shepard: u.s. marines now on the move. they are looking to free a town from taliban forces. >> we are on the offensive. shepard: tonight, the video you will see only on fox. >> pushing back at to the health care town halls and why the aarp says they are not on board yet. the issues are so important, they are about the health of our parents, children, ourselves. across america, lawmakers have been holding town hall meetings to talk about to the health-care plan. they are trying to create a health care system for uninsured americans. a lot of people are fired up on this. we put people on location in colorado, california, maryland, iowa, new jersey. we have noticed something in common at many of these meetings, it seems that with passions and tempers running so high that issues are drowned out by debate. just because people are yelling, it does not mean that they are getting their message across any more clear. >> i am here today because i believe in town hall meetings. shepard: this senator fielding questions and hearing accusations about the scope of the healt
but it is not clear whether all of them made it out of the building. >>> the u.s. military says 51 u.s. soldiers in iraq were diagnosed with swine flu. the associate press reports all of them have fully recovered after treatment but 71 other u.s. soldiers suspected of contracting the virus remain in isolation. ap says iraqi health officials have confirmed the country's first case of swine flu death. the woman was from the southern town of najaf. the u.s. military is testing any soldier with a fever or sore throat. >>> a public funeral is being held for 8-year-old robert manuel. his body was found in a canal in boise, idaho. he disappeared after leaving his mother's apartment on july 28th. police are investigating his death as a homicide. there is no evidence the boy was abducted by a stranger. manwill was visiting his mother. >>> president obama is flying to mexico for a two-day summit to meet with leaders of mexico and canada. they are expected to work on trade, immigration and drug trafficking. clean energy and the economic crisis are top priorities. all three countries have strong ties to the
association has suggested 2.2% of the u.s. population or over 6 million people, have on diagnosed diabetes. hundreds of thousands of people die every year from diabetes- related conditions. what would be the best way to reach these people? >> i think there is a lot we can do. to raise awareness in our own circles of life, our family, our friends. reporters in the room on a larger scale. just try to raise awareness and do what we can to get people involved. everybody has a story, when it comes to diabetes. when someone comes up in s. something to be signed for their knees or daughter, they will say that she is a diabetic and she has watched you and been encouraged by which to have to said. as far as the undiagnosed kids, and people who have diabetes and the world, if you can, go check it out if you start to see symptoms that i have talked about "thursday, losing weight, having a bad attitude, go to your doctor and check it out and see with the deal is. you never know. i get hit with a after having 13 years of perfect medical history. you never think it will, and it may. always be aware and
>>> tonight on "worldfocus" -- >>> u.s. marines meet heavy resistance as they try to gain control of a strategic taliban-held town in southern afghanistan. could this be a sign of battles to come? >>> in taiwan, rescuers find more than a thousand people alive in the area around three villages buried beneath mudslides triggered by last weekends typhoon. >>> we continue to look at the impact of climate change on remote lands. tonight, we're back in nepal to see how a centuries old way of life is being threatened. where did the glaciers go? >>> and mexico's on going against drug cartels was a topic at this weeks north america summit. tonight our "signature story" focuses on one of the painful side effect of that fight. the disappeared. >>> from the world's leading reporters and analysts, here's what's happening from around the world. this is "worldfocus." made possible in part by the following funders -- >>> good evening. i'm martin savidge. >>> united states marines went on the offensive today. launching a major new attack on a taliban stronghold in the south of that country. hundre
soon. rst of all, the united stas andlso this new government th called the u.s./japan alliance the cornerstone for st asian peace d security. t the new democratic party in japan wted to have -called equal standing, equal relions. andhis phrase kind of pzzled the u.s. sie. and the democrac parties also want to have a review of certain u.s./jan military agreements. and this also makes some causes some troublemok the u.s.apanese exports. what doou think is behind hatoya in, a's plan to putn end to the refuellingf u.s. ship, supporting the war effort in afghanisn? >> well, hatoyama's party, they are against the iraq war, first of all and they a againstusing military powers to solve internationa afairs. an that's why they wanted to stop the legislation to contue the reflling of t u.s. warships in the iian oce the question is, they still want to work wi the united states to fight against extremism. so they ha to find another alternative somehow to show that u.s. is - i men, japan is wiing to work wi the obama administrati. >> do you thk that theyill also b lookg for another alternati
and with con stuks jobs scarce, mexicans inside the u.s. supporting families back home need bailing out themselves. all that plus the fox all-stars, right here, right now. welcome to washington. i'm bret baier. the fireworks present at many healthcare town halls this month have a lot to do with whether the public believes that pelnnves that politicians are leveling with them, and the president's point man with the press was challenged today about some statement mrs. obama made that are not true. senior white house correspondent major garrett is checking the facts. >> the president's waging war against what he calls healthcare myths and disinformation. town halls like the one yesterday in new hampshire, the white house says, allowed him to do just that. >> the president went out of his way to bring up, in fact, service misinformation it turns out there to address it. >> but the president got it wrong yesterday when he said this about the powerful seniors lobby, aarp. >> we have the aarp onboard, because they know this is a good deal for our seen quors. >> aarp would not be endorsing a bi
environment. we think the inflation expectations in general in the u.s. and also in other markets in europe in particular are quite normal. if you look at five to ten-year inflation linked government securities, they are, you know, around 2%. they have risen to a level before the markets. going forward with the stimulus packages both in the u.s. and in europe, not having the large chunks, the biggest parts of these packages still not being affected, they still have to kick in, i think deflation will not be a worry going forward, certainly not in the next, let's say, 12 to 18 months. and we'll see how that recovery gains momentum in the two to three-year time frame that my colleague mentioned there. inflation, yes, it is a worry, but not in a hyper inflationary sense, just in a normal sense. we will have a fairly normal degree of inflation. >> jobless claims are up and retail sales are down. why do stocks keep going up? >> you've got a huge amount of money being pumped at this problem. you've seen it in china, as well. when you're forcing banks to lend as they are in china, then this money i
possible, in part, by the follow funders -- >>> good evening, i'm martin savidge. >>> for u.s. troops and iraqi civilians, this has been one of the least, that's right, least deadly months since the war in iraq began six years ago. in fact, a senior u.s. military officer has broken ranks with its superiors and president obama saying it's time for the united states to declare victory iraq and go home. but then there are days like today, when a series of bombs exploded near five shiite mosques in baghdad, killing at least 29 people. and shattering the perception at least for now that iraq is a much safer place than it used to be. in tonight's "lead focus," the latest violence in iraq, what it says about security and the american mission as it winds down. >> the deadliest of today's attacks took place in the northern baghdad neighborhood of al shaab. according to iraqi officials at least 24 people were killed and 17 wounded in the explosion of a car bomb near a shiite mosque. worshipers had gathered at the mosque for friday prayers. the scene outside spoke to the carnage. prayer rugs wer
morning, good day or good evening depending on where you are. if you take a look at the u.s. futures, remember, you have a three-day winning streak as we closed out on wall street. a little bit of strength in the futures if you take a peek at the fair value here today. the dow, nasdaq and the s&p, little change in the fair value. if you take a look at the bund in germany, first we'll take a look at the ten-year bund. set the peace. 3.27% is the yield there and you go home with, viola, 3.42%. we'll call it 20 basis points in your pocket. and the price of gold at this time of the day is going to sell for $940 an ounce. little changed on the session. becky, take it away. >> i want to get back on those euro zone august flash services pmi. it was a reading of 49.5, that is a significant increase from july. still, just fractionally below that 50 par level, if you like, and well ahead of the forecast, as well. 46.5 was what the analysts were looking for there. manufacturing pmi, again, 47.9. ahead of forecasts, ahead of the previous month, but still below that par level by just a fraction.
thousand jobs lost that are needed to stimulate the u.s. economy. bret: the administration is leaning hard on the senate to put more money into the cash for clunkers program. it warned today that if the senate fails to act, the popular incentive will run out of gas within days. white house correspondent wendell goler has the story. >> as ford announced its first monthly sales increase since the start of the recession, the cash for clunkers program, credited with helping the boost, was running on fumes and auto dealers were on the warpath. >> i think dealers are very angry. it should be obvious to a lot of money, there have been a lot of issues with the current administration. >> the white house says without senate approval of a house bill adding $2 billion in clunker funding, it can only guarantee rebates for a few more days. >> if it doesn't happen this week, it's unlikely that we will make it to the weekend with a program that can continue. >> republicans argued misreading the initial popularity in the clunkers' program means extending it might cost more than lawmakers expect. >> when th
to try to negotiate the release of two u.s. journalists who were jailed. police detained four men who allegedly planned a third assault on an army base. arrests of three americans who crossed the border from iraq, entered illegally. the meeting for the first time in 20 years. the palestinian groups fought a comes up with a fresher approach to dealing with israel. also this hour -- >> on the wrong side of europe, condemned to death. >> ukraine's poor health. how the economic and political crisis is having a serious impact on the country house unlocked -- and the new film "9." is 7:00 a.m. in washington, midday in london, 8:00 p.m. in the p'yongyang. where there has been a surprising turn in the troubled relations between north korea and the united states. the former american president, bill clinton, has a ride in the north capitol to try to negotiate the release of two u.s. journalists who were sentenced to 12 years' hard labor. euna lee and orlin were jailed in june after being convicted of entering the country illegally. the invitation to bill clinton may be a sign that north korea i
photographed, but u.s. forces have been on an intense hunt for baitullah mehsud, the leader of the talupon. unarmed drones, the weapon of choice, have been closing in on him for weeks and, today, u.s. and pakistani officials are saying they think mehsud has finally been killed by one of those strikes. martha raddatz is in washington tonight. good evening. >>> senior officials tell abc news president obama was detailed today on why the u.s. believes there are strong indication said butullea mehsud is dead. his back is to the camera in this rare video of him. he's enemy number one in pakistan, believed to be behind some of the most spectacular attacks in that country, including the assassination of benazir bhutto. u.s. officials consider him a grave threat as well. the nexus of all terror groups in pakistan. the u.s. and pakistan have been trying to track mehsud for months. nine of the last ten cia drone strikes have been aimed add his network, but u.s. and pakistani officials believe a strike in south waziristan yesterday likely killed him. omps saying there's a 95% chance he's among the de
stor meeting between hamid kaai and the u.s. special envoy. >>> in japan employment sores on the eve of national elecons there. a youth movement sweeping t country and the part that has ruled japa for decades may be on the way t. >>> in sub-saharanfrica malaria stl kills more than a million people a year. now comes hope of a vaccin that could save countss lives. >>> and sailing so. tonit, a look at two teens and their quest to go aroun the worl alone. in briin, it's considered a challenge. in holland, it could be a se of child abuse. >> from the world's leadg rerters and analysts, here's what happening from around the world. this is "worldfocu" made possible in part by t followg funders -- major suort has also been provided by the ter g. peters foundation dedicated to promoting fiscal rponsibility and addressing key economic challenges facing america' futu. >>> good eveni. i'm martinavidge. >>> we are going to start tonight th afghanistan, where the death of a u.s. soldier today made this the deadliest month of the eighyear war for american forces. 45 u. troops have been killed so fa
the confrontation, we'll look at what is at stake. >>> send in the marines -- a new u.s. offensive in afghanistan meets fierce resistance. there is an election coming. >>> a new look at breast cancer, two new studies out. how will that they affect treatment options? >>> back to woodstock -- 40 years later. whatever happened to these two people? where are they now? so tune in, turn on, "nightly where are they now? so tune in, turn on, "nightly news" begins now. captions paid for by nbc-universal television >>> good evening. it's been a long, hot summer for a lot of members of congress who might have just thought they were coming home for a mostly relaxing month-long break. instead a lot of them have been forced to work hard and talk fast. as town meetings in their districts, designed to get in touch with their constituents, have instead become rough outings. yesterday, the president waded in a town meeting of his own. while there were no flared tempers at that particular event, the white house is hoping to temper the talk out there and get a health care reform deal done. we begin tonight with whit
to the world. >> the pentagon has identified a united states navy pilot as apparently the first u.s. serviceman missing in a. in the persian gulf war. he is lieutenant commander michael speicher. his plane went down before dawn yesterday. his's married with two young children, assigned to the uss saratoga. why his official status changed several tapes, here's cnn's fredricka whitfield. >> reporter: his f/a-18 hornet was shot down on the first night. >> as of 0900 this morning washington time there's been a single american aircraft lost. >> clearly today as if it would have just happened, i remembered on the recovery commander anderson get down from the jet and telling me he thought we lost spiicher. >> reporter: for 18 years, his fate was unknown. there were many false leads. in 1993, the wreckage of his plane was found, but no body. after the u.s. invaded iraq in 2003, speicher's initials were found carved in the wall of an iraqi prison, leading to speculation he might have survived. nothing panned out, but family maebs and friends worked to keep the investigation alive. >> we're here in washi
. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the u.s. senate confirmed sonia sotomayor to the nation's highest court today. the federal appeals judge will now become the first hispanic justice and the third woman to sit on the united states supreme court. jeffrey brown has our lead story report. >> on this vote the yays are 68, the nays are 31. >> reporter: the confirmation vote this afternoon made judge sotomayor the 111th justice in supreme court history. and the man who nominated her, president obama, marked the occasion a short time later. >> with this historic vote, the senate has affirmed that judge sotomayor has the intellect, the temperament, the history, the integrity, and the independence of mind to ably serve on our nation's highest court. this is a roll the senate has played for more than two centuries, helping to ensure that equal justice under the law is not merely a phrase inscribed above our courthouse door but a description of what happens every single day inside the courtroom. >> reporter: 57 of 58 senate democrats approved the judge, as did
after 18 years we now know what happened? >> well, t.j., this is just an extraordinary story. what the u.s. military tells us is in early july, an iraqi citizen in western iraq came to them and said there was a location that u.s. forces needed to go to and he believed that was the crash site and the place where scott spiker was buried. u.s. marines in the province went to the location, which was believed to be the crash site, the iraqi citizen told the u.s. he knew of two others who were called, seen an american jet hit the desert floor on the night of january 17th, 1991, and that veterans had buried the pilot of that plane in the desert. so the marines very quietly, no one knew this was going on over the last several days had gone to this site, dug up skeletal remains and bone fragments. in fact, let me go back one second here. one of the iraqi citizens said they were present when captain spiker was found dead at the crash site and his remains were buried. what has been happening out of public view over the last several days, the remains brought back to the united states, positively ident
americans believed to be behind bars in iran. iran state tv confirming guards arrested three u.s. tourist after they crossed the border from iraq. the trio apparently was on a hike in the mountains section of northern iraq. that buffers the kurdistan province. iran said they were arrested because they did not obey orders from the guards. knowing understand from kurdish officials in iraq the detainees are two men and one woman. details are in short supply but here is what we know based on reports. the three u.s. citizens were staying in iraq's oil-rich and self ruled kurdish reason that region. this part of iraq is relatively free of violence. in fact it's a draw to adventure stories for its scenery. understanded for a friend stayed behind at the hotel because of and elements and kurdish officials tell us he then received a phone call from his friends saying iranian border guards had surrounded them. since then, not a word. the u.s. has not had a diplomatic ties with iran since 1879. the state department now asking switzerland to represent its interests in iran specifically to confirm whet
, the u.s., mexico, canada have to restart our agreements. we recognize that it is essential to abide by nafta and to resolve the pending conflicts that impede us to reach a greater regional competitiveness. it is important to see how we will fulfil our commitments in regard to the environment and in regard to our labour domain in the trade agreements we have among starke countries. i'm convinced that and tapping the advantages offered by our economic investments, labor, technology, and natural resources, by this we can be successful in the world that is ferociously competing. at this summit we have reached important agreement, boosting standardization of the regulations and specifications of our products as well as sanitary procedures that can be simplified as well as increasing without any losses, the economic competitiveness of our region. the objective is to have secure and efficient conditions, these procedures to be implemented with no bureaucratic or far- fetched red tape in our offices. and this will decrease the prices for staples and foods and improve competitiveness of our
's been the last 24 hours or so at 3.33%. u.s. yields here moved fairly high yesterday as we saw a bigger appetite for risk and a lot of folks moved out of the bond fixed income market. we've got the ten-year notoriety now at 3.63% and gold at the moment not attracting too much of a bid, either, with a lot of folks continuing to have that appetite for risk. credit teen. >> bertha, joining us now for market strategy, we have christian baberg market strategist glaxo bank and hopefully we will have steven teich later in the show. christian, do you think markets are too optimistic? >> yes, we do think so. if you look at what's going on in markets right now, markets are pricing in that consumers will start a pick up in demand. namely, that inventory to a certain part will have to be refilled. but from that point on, markets are pricing in a huge pick up in consumer demand and quite frankly, we've had some difficulty seeing where it's coming from. because if you see what consumers are doing, especially in the united states but also in europe, there are savings more now, the savings rate in the
. >> reporter: most of the lockerbie bombing were american and on u.s. television last night the condemnation of this prisoner release was clear, before al megrahi even arrived home the state department announced it had put pressure on the libyan government. >> i think obviously in light of the release, we have had a number of conversations with the government of libya. obviously, he will move back to libya, and we certainly believe that as a convicted criminal, he's not entitled to a hero's welcome. >> reporter: diplomatic relations between libya and the u.s. which had been improving could now be threatened by these scenes. this year is the 40th anniversary of the al fatah revolution in libya and colonel gadhafi is clearly using al megrahi's return as a propaganda coup despite the fact that this man is a convicted murderer who is terminally ill and expected to die within three months. >> that was james blake of itn reporting. >>> the british aren't just talking about how unhappy they are about the way the libyans handled ali al megrahi's return home. they may be prepared to do something abou
'm courtney reagan. in the u.s., more dominoes could fall. more banks could go under before the current crisis ends. >>> hello and welcome to cnbc's "worldwide exchange." let's show you where the session currently is is. the ftse 300, 23 points dipped off the high for the session. european stock markets one hour into the trading day. after making three percentage points gains on monday, we're three points up again today as well. investors put more risk into the stock market. dollar-yen, 94.93. euro-dollar back from highs. cable knowledging back from the highs. euro/sterling, steady. christine, good to see you. >> here in asia, i'll call it the bernanke bounce after the optimistic comments from bernanke over the weekend. saying that the global economy could be coming out of the recession. the nikkei up 2.5%. the kospi, continuing to watch this climb. this market last week climbed sharply. still up 60% year to date. the sensex up 2.4%. overall a strong showing in asia. crude oil seems to be putting on gains, in hopes that a global economy is in order. light crude, $74 a barrel. brent is tacking
. they obtained the personal details of 185,000 americans. the suspects, most in their 20's, if convicted in the u.s., could face decades in prison. the f.b.i., working closely with israeli authorities, planted hidden cameras that helped bust the operation. the u.s. wants the suspects extradited. >> these people targeted elderly victims in the u.s. the social damage was in the u.s. the united states authorities want to prosecute them and they should be extradited. >> the defense authorities indicate that since the scam was done in israel, they should be prosecuted here. >> if they will be found guilty, they will be sent to jail for many years here in israel. there is no need to transfer hundreds of officers to testify against them in the united states. >> the suspects are expected to appear in court on august 12 to determine whether any of them will receive bail. fox news. shepard: well, some drinkmakers claim their beverages give you wings or unleash the beast. but now there is one claiming to help you slow your role. we're told it's all natural. why is it being compared to an illegal drug? and acr
the u.s. get out of this? >> what the u.s. gets out of this, according to all the experts i've spoken with today, is the priceless information that president clinton can bring back about kim jong il. he sat in the room with the north korean leader. he can tell the obama administration now about kim jong il's physical health, about his mental abilities. was he the man calling the shots? in other words, is he still the man in charge of north korea? and that will be vital information in what is still going to be obviously a very difficult relationship as we move forward. shepard: on a side note, there is obviously a serious nuclear disturbance, negotiation, going on with north korea. and today the top nuclear negotiator for north korea greeted president clinton at the plane. >> very interesting. there appear to be two series on that. one is that kim jong il, at the very least, by sending his top nuclear negotiator to greet president clinton, wanted to create the illusion of linkage between the fate of the two women and the nuclear negotiations. the other is simply that this man has been
course, is what's going to happen in the u.s. with that jobs report. so a little caution going on and profit going on ahead of that report. the nikkei 225 ended up 0.2%. the kospi up 0.7 ers. but take a look at the shanghai composite and hang seng. these are getting hit big time. there was talk about tightening monetary policy, government researchers saying china will not tighten policy before developed nations do so because it first needs a recovery in ex ports. still, a lot of investors are worried that's going to happen. in terms of oil, this is how it looks for nymex and brent. nymex light sweet crude is looking 67 cents lower, $71.29 a barrel and brent is trading lower, as well, $74.23 a barrel. looks like it's all about jobs here in asia. looking ahead to what you guys are going to give us, bertha. >> very big numbers, christine. very big expectations. the estimates range from about 320,000 jobs to goldman sachs which now says it thinks maybe we only lost 250,000 jobs, only. that's nothing to sneer at, however, that would be a significant drop-off in the rate of declines.
in the healthcare debate. >>> foreclosure crisis. u.s. home loans failed at a record pace last month. >>> and bomber controversy. reports that the terminally ill lockerbie bomber will be released sparks outrage. captioning funded by cbs >>> good morning. thanks for joining us. i'm michelle guillen. >>> tomorrow president obama makes his pitch for healthcare reform at a town hall meeting in montana. at a bozeman suburb, hundreds are expected to show up in protest. the healthcare reform has triggered a wave of growing anger in the country. susan roberts is in washington with more. susan, good morning. >> reporter: michelle, good morning to you. the white house is trying to push back against these explosive town hall meetings through its online campaign and the president himself. the administration is trying to quiet the critics of healthcare reform. critics angry over the president's healthcare reform plan are not holding back. >> you listen to us. >> reporter: americans will have another chance to be heard today at town hall meetings across the country. democrats are trying to win over an increasingl
with a surprise loss in its banking division. >> i'm bertha coombs in the u.s. expectations are growing. federal officials say an economic recovery is still taking shape, there are still dangers. >> health low and welcome to cnbc's "worldwide exchange." global equities a little softer today as we go through the european open. the ftse cnbc global 300 down 0.5% one hour into the european trading session. stocks have gone for a dip today. but if we pull up the european bourses for you, we'll show you exactly where we stand. there we go. off 0.5%. ftse 100 off 0.5%, xetra dax off 0.16% cac 40 off more than 0.3%. dollar/yen 9 5.24. euro/dollar, under pressure. down to the low 1.41. big day for sterling today. the bank of england quarterly inflation report in an hour and a half where we hope to get more understanding of why the bank thought it necessary to extend its quantitative easing program. christine. >> hey, ross. here in asia, you mentioned software markets are very soft here today as investors brace for what the fed will say in its statement. nikkei 225 off its ten-month highs, down 1.4%. kos
and mexico says 80% of their exports to the u.s. . a militant commander in the afghanistan says the taliban is waiting for a u.s. response before deciding on the fate of a captured u.s. soldier. this is the first public comment about 23-year-old barack obama bergdahl since he was seen last month of the taliban leader made a request for a return. he wouldn't elaborate. a military spokeswoman refused to comment saying they wouldn't do anything to compromise efforts to recover him. >>> a strong earthquake shook japan earlier today. authorities say there was a 6.9 magnitude quake that jolted tokyo and surrounding areas in eastern japan. a u.s. geological logged it at 7.$1.people who felt it in tokyo said it rattled walls and furniture. so far no reports of injuries or damage. >>> people in parts of minneapolis are cleaning up after getting slammed by powerful thunderstorm. they uprooted trees here, snapped power line and blew off roofs. several tornadoes were reported. one man said fierce winds ripped apart his garage and blew away his boat. at one point 10,000 people lost power. there are no r
. that would be how much you had in 2007. the survey is collected by the u.s. census bureau. it is our primary source of information on health insurance coverage in the united states or any population. most of the information i will cover is available at our website www.cis.org. in 2007, 33% of immigrants did not have health insurance compared to about 13% of native- born americans. immigrants account for 27.1% of all u.s. residents without health insurance. we can see this in figure one wishes to my right. -- which is to my right. it shows that immigrants are 12.5% of the nation's total population, but they are 27.1% of the uninsured. this is just the immigrants themselves. we can keep the camera on figure one a little longer. the impact of immigration is not just to find to the immigrants themselves. the democrats also have children whom they are often able to provide health insurance for. it the children who are born here under the age 18 are included with their immigrant parents, then together they comprise 31.9% of all those without health insurance to place this figure in context, the ye
>>> here in new york, markets taking a breather. commodity stocks and banks seeing -- >> in the u.s., state of wall street's rally could hinge this weekend on data on the consumer and the outcome of the fed meeting. >>> welcome to cnbc's worldwide exchange. we'll start out with a look at the global session at the beginning of the week. down six points. good session as we heard in japan in japan in particular today. nick kay off ten-month highs. one hour into their trading week taking profits from the ten-month highs we closed in at on friday. household goods, construction, weakest sectors at the moment.t. dollar is trying to retain most of its gains. lost a little bit of ground to the yen.n. still 97.40. ua dollar 141.89. bank of england's meeting last week and u.s. selling 85.33. nice to see you. >> hey, nice to see you, too. hope you had a good weekend. in asia, nice start to the week. duty optimism of the u.s. jobs on friday. fueling optimism. u.s. could lead the world into a recovery. that is providing support to the markets. ten-month high.. rise in machinery orders. first time
're not clashing. very interesting. a little bit of a pullback yesterday here in the u.s. we snapped a four-session winning streak. this morning, it looks as though the futures right now are looking to the upside. we've got dow futures up by fair value by about 30 points or so. nasdaq futures are a bit below, dragging down cautious comments coming from john chambers at cisco. he says he thinks the economy is turning the corner. there are questions about cisco's organization and how they're managing the company these days. as far as the bond market is concerned, today it's all about the fate of quantitative easing. we're waiting to hear from the ecb, the boe and, of course, we do have here in the u.s. the jobs picture that we're going to be watching. the ten-year bund is at 3.38% and we've got the ten-year note coming back down in terms of the yield. a little bit yesterday having reached a high of 3.76%. we now know how much the quarterly funding is going to be. we're going to see at least $23 billion in ten years next week being auctioned. gold is easing off despite the weakness in the cora
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